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flag Ecopetrol exceeds 2025 production target and expands drilling with private partnerships.

flag Colombia's state oil company Ecopetrol is on track to exceed its 2025 production and drilling goals, having already surpassed its target of 750,000 barrels per day by producing 751,000 bpd. flag The company plans to drill 20% to 40% more wells than the original 10, and is seeking private partners for five oil fields through production-sharing agreements, which allow investment without upfront costs. flag These efforts aim to replace 100% of extracted reserves, ensuring sustainable growth. flag Despite Colombia's broader push to transition to lower-carbon energy, Ecopetrol's progress continues under the current administration.

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